From an economic point of view, there has to be a rationale for government intervention in markets in the form of consumer protection laws. This rationale results from economic inefficiencies in markets: particularly the occurrence of market failures. If markets do not work properly, inefficient...

The paper identifies a policy inconsistency between the EU's asylum and the EU's labour migration policies and makes a call for stronger convergence. The analysis starts off by setting out the EU's current and future economic challenges with a view to its ageing population and low fertility...

Market power leads to two effect: a distributional and an allocative one. In other words, a cartel sells less units at higher prices. Therefore, a certain share of consumers that would have bought the product at the equilibrium price does not acquire the product. The deadweight loss emerges....

available open access at: https://www.tandfonline.com/doi/full/10.1080/17441056.2020.1824722Thinking in terms of supply chains, a crux with a view to antitrust damages is the fact that calculations (of market participants and hence also within legal proceedings) do not stop at the bilateral...

The interplay of various legal systems in the European Union (EU) has long triggered a debate on the tension between uniformity and diversity of Member States' (MS) laws. This debate takes place among European legal scholars and is also paralleled by economic scholars, e.g. in the ambit of the...